SPRING COTTAGE, RUSSELL ROAD, TOKERS GREEN, READING, RG4 9EJ - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPRING COTTAGE is a very small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £713,155. It was last sold for £575,000 in May 2019, which was around 10% below the average May 2019 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the three SPRING COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 2 MAY	£575,000	£636,285	10% below HPI
2016 25 FEB	£518,000	£600,703	14% below HPI
1996 31 OCT	£111,000	£144,357	23% below HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between October 1996 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might SPRING COTTAGE be worth now?

SPRING COTTAGE might now be worth an estimated £713,155.

This is based on house price inflation of 24%, between May 2019 and February 2025, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for SPRING COTTAGE of £575,000 on 2nd May 2019. For the value to have increased from £575,000 to £713,155 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of SPRING COTTAGE has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The May 2019 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING COTTAGE has not materially changed since May 2019.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Tokers Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tokers Green, and where SPRING COTTAGE lies on this distribution: 6% of detached houses houses are smaller than SPRING COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tokers Green.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of SPRING COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SPRING COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SPRING COTTAGE?

SPRING COTTAGE is located on RUSSELL ROAD in TOKERS GREEN, in the RG4 postcode district. The below map shows the position of SPRING COTTAGE on RUSSELL ROAD.